eq • ui • ty noun The quality of being fair and impartial.
WHERE WE ARE TODAY CHAMBER’S INVENTORY OF PROGRAMS ADDRESSING EQUITY
Equity means fairness and justice and focuses on outcomes that are most appropriate for a given group, recognizing different challenges, needs, and histories. It is distinct from diversity, which can simply mean variety (the presence of individuals with various identities). It is also not equality, or “same treatment,” which does not take differing needs or disparate outcomes into account. Systemic equity involves a robust system and dynamic process consciously designed to create, support, and sustain social justice.
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A DETROIT REGION WITH E C O N O M I C A N D R AC I A L E Q UA L I TY
12
$ %
28
BILLION
economic increase in GDP annually
additional GDP generated annually
Source: PolicyLink
BY 2 0 5 0 , M I C H I G A N S TA N D S TO G A I N $ 9 2 B I L L I O N I N E C O N O M I C O U T P U T BY C L O S I N G T H E R AC I A L E Q U I T Y G A P. Source: W.K. Kellogg Foundation
11/21